Abstracts - faqs.org

Abstracts

Economics

Search abstracts:
Abstracts » Economics

Preferences, domains, and sustainability

Article Abstract:

A monetary union is different from a currency area because it only has one central bank, one currency and one monetary policy. Monetary union members have no national currencies and cannot alter their exchange rates unless they resign from the union. On the other hand, each member of a currency area has its own money and central bank. It has the right to change its exchange rate, unilaterally change its rates, or adopt its own monetary policy. However, a member cannot do the latter without endangering its exchange-rate pegs.

Author: Kenen, Peter B.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1997
Analysis, Monetary unions

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


The remonetization of the Commonwealth of Independent States

Article Abstract:

The ruble is expected to become demonetized as a result of the collapse of the Soviet Union, and remonetization of the Commonwealth of Independent States must occur before policymakers can consider privatization, marketization and competitiveness. The International Monetary Fund probably will assume responsibility for the remonetization, and the US may guarantee the new ruble by establishing a one-to-one exchange rate between the new currency and the dollar. The new ruble will establish the monetary base in the CIS.

Author: Carrington, Samantha
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1992
Economic aspects, Ruble (Russia)

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Macroeconomic issues of Soviet reform

Article Abstract:

The economic system of the collapsed Soviet Union influences economic reform in the former Soviet republics. The republics are facing problems related to economic growth and macroeconomic disequilibrium. This disequilibrium is reflected in the balance of payments, inflation and the budget deficit. These problems call for a five-point strategy that involves stabilization at the macroeconomic level, price liberalization, privatization, current account convertibility and policies to protect the public.

Author: Fischer, Stanley, Frenkel, Jacob
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1992
Soviet Union

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: International aspects, Monetary policy, Economic policy, Commonwealth of Independent States
Similar abstracts:
  • Abstracts: Characterizing sustainability: the converse of Hartwick's rule. Sustainable growth, renewable resources and pollution
  • Abstracts: Design and the evaluation of an economic experiment via the internet. A reputational model of authority
  • Abstracts: Saudi financial policies and capital markets. Labor in Yemen: workers bear brunt of economic problems and reform
  • Abstracts: Stochastic trends and cointegration in the market for equities. Testing for nonlinear dependence in daily stock indices
  • Abstracts: Real interest rates and the savings and loan crisis: the moral hazard premium. Accounting for stock options
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.